The post Solana Founder Mocks Altcoin Projects for “Dumb” Bitcoin Buy Strategy appeared first on Coinpedia Fintech News
Solana co-founder Anatoly Yakovenko has sparked fresh debate in the crypto world by criticizing altcoin projects that invest in Bitcoin. His comments – clearly aimed at Cardano’s recent $100 million Bitcoin plan – have stirred strong reactions across the community.
As major blockchain players weigh in, the clash reveals deeper questions about how altcoin projects should manage their treasuries in today’s unpredictable market.
This is so dumb. Projects should keep 18-36 months of post kill list runway in short term tbills but that’s about it. Why would anyone want a team to buy and hold bitcoin for them when they can do it themselves? Why pay for all those coconuts.
— toly (@aeyakovenko) June 16, 2025
Yakovenko Fires Back: “Why Pay for Coconuts?”
Yakovenko didn’t hold back. In a post on X, he dismissed the idea of altcoin team
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